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Airtel Payments Bank customers' deposit surges 75% to Rs 1,000 crore in 2021

Airtel Payments Bank MD and CEO Anubrata Biswas told PTI that the company added close to 35 lakh customers during the year and crossed the 10-crore customer mark in 2021.

January 27, 2022 / 02:17 PM IST

Money deposited with Airtel Payments Bank surged 75 percent to Rs 1,000 crore in 2021 as compared to the previous year, a top company official said.

The payments bank had recorded around Rs 570 crore worth of deposits in 2020.

Airtel Payments Bank MD and CEO Anubrata Biswas told PTI that the company added close to 35 lakh customers during the year and crossed the 10-crore customer mark in 2021.

''The growth in deposits is an endorsement of the trust that customers have placed with us. With our strong distribution and digital banking platform, the bank offers a market-leading proposition to both the urban digital and the retail customers,'' Biswas said.